Plant-based Meat Market Size, Share, Growth, Trends, Applications and Industry Strategies to 2029


Posted January 12, 2023 by pranit10

Plant-based Meat Market was valued US$ 4.9 Bn in 2021 and is expected to reach US$ 13.95 Bn by 2029, at a CAGR of 13.98 % during a forecast period.

 
Plant-based Meat Market Overview:

The Plant-based Meat market report discusses the significance of the segments likewise the regional markets, on the idea of the market size and growth rate. An extensive summary of all the segments and regions is prepared. The data bestowed during this analysis report has been examined and evaluated by several trade specialists and research analysts. The market report explores the foremost recent trade study on the worldwide Plant-based Meat market, that evaluates the opportunities and existing market situation whereas conjointly give insights and updates on the corresponding segments for the forecasted amount of 2022-2029.

The research report includes an in-depth analysis of the expected statistics, key changes, and revenue. It conjointly includes an in-depth examination of the key techniques utilized by the leading market players to spice up readers' business growth within the international Plant-based Meat market while keeping a competitive edge. The analysis provides in-depth and important data to assist readers to comprehend the complete trade scenario.

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Plant-based Meat Market COVID-19 Impact:

COVID-19 is a global pandemic and public health emergency that has affected almost every business and industry, effects of this pandemic are anticipated to impact the industry growth through the forecast period. Our research report expands our research framework to ensure that it includes the underlying Covid-19 issues and possible ways to the future. The report provides insights on Covid-19 taking into consideration consumer and demand changes, purchasing behaviour, supply chain transformation, current market power dynamics, and significant government intervention. The updated study provides insights, analysis, evaluation, and forecasts that take into consideration the impact of Covid-19 on the Plant-based Meat market.

Plant-based Meat Market Segmentation:

Various governments are taking steps to stimulate market growth. For example, the Canadian government announced a $150 million investment in the country's plant protein industry in 2021. In addition, the German government is investing $78 million in research to improve the texture of plant-based alternatives. Plant-based meat products are seen as healthier alternatives to meat counterparts, allowing consumers to eat burgers and nuggets guilt-free. Despite some improvements in the taste and variety of plant-based meat products, it continues to be a barrier to regular consumption by core meat-eaters.

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Plant-based Meat Market Key Players:

Maple Leaf Foods
The Vegetarian Butcher
Amy’s Kitchen
Tofurky
Gold&Green Foods Ltd.
Sunfed
VBites Foods Limited
Gardein Protein International
Morningstar Farms
Quorn Foods
Conagra, Inc.
Kellogg NA Co.
S Kraft Foods, Inc.
Lightlife Foods, Inc.
Trader Joe's
Yves Veggie Cuisine
Based on records and financial statistics with the corporate summary of key players the analysis report focuses on the current market size of the Plant-based Meat markets and their growth rates.

Regional Analysis:

Geographically, the Plant-based Meat market report is segmental into many key regions square measure as follows,

Asia-Pacific (China, Japan, Malaysia, Vietnam, Philippines, Thailand, India, Korea, Indonesia, and Australia)
Europe(Turkey, France, Germany, Russia United Kingdom, Italy etc.)
North America (the United States, Mexico, and Canada.)
South America (Brazil etc.)
The Middle East and Africa (GCC Countries and Egypt.)
Key Questions Answered:

Product valuation trends
Elaborated regional analysis
Identification of the businesses by business models.
Methods adopted by key players for development purpose
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Categories Food
Tags plantbased meat market
Last Updated January 12, 2023